Company Information

Get to know Harmony

Harmony is an open and fast blockchain platform that aims to solve the blockchain trilemma of achieving scalability, security, and decentralization simultaneously. Founded by Stephen Tse, it utilizes a technology called Effective Proof-of-Stake (EPoS) and state sharding to process transactions in parallel, enabling low fees and 2-second transaction finality. The company's mission is to facilitate an open consensus for billions of people by providing the infrastructure for a decentralized economy, supporting applications across various domains including decentralized finance (DeFi), non-fungible tokens (NFTs), and gaming.

Industry

Crypto CryptocurrencyPRIMARY
Technology Software Development

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Harmony

United States

Founded in

2018 (8 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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Regulated

Recommended

(74 reviews)

Cyprus

2009

(17 years)

Security Information :

CySEC

FSCA

DFSA

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.